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Nvidia CEO Jensen Huang has an estimated net worth of $166 billion, according to Forbes. A 5% tax on those assets would result in a bill over $8 billion.
Nvidia's Alpamayo sells autonomy to automakers terrified of the software future—Tesla remains the only robotaxi-committed player.
Jensen Huang took to the CES stage on Monday to share the latest from NVIDIA, and while the presentation was more a refresher of technologies the company has been working on for the past few years, there were a couple of notable announcements.
Nvidia finalized a $5B Intel stake after FTC approval, buying 214.7M shares. The move bolsters Intel’s foundry push as 18A ramps.
The RTX 3060 originally launched in February 2021 and became part of a wider range of Ti, VRAM quantity variants, plus a low-hash-rate (LHR) model designed to thwart cryptocurrency mining. (Remember when that was the only problem we had with GPU availability and pricing?)
Jensen Huang will take the stage today, Jan. 5, at 4 p.m. ET/1 p.m. PT to deliver his 90-minute keynote, and the event will livestream on YouTube. CNET is reporting live from the ground to capture all the announcements in real time.
Nvidia Corp. Chief Executive Officer Jensen Huang, the world’s ninth-richest person and head of the most valuable company, said he isn’t concerned about a billionaires tax under consideration in his home state of California.
California residents worth over $1 billion would be subject to a five percent tax imposed on their net worths, not incomes, covering assets like stocks, artwork, and intellectual property rights. They would have five years to pay. Assuming Huang’s net worth is around $160 billion, as estimated, he would owe roughly $8 billion in taxes.
Nvidia unveiled a full-stack robotics ecosystem at CES 2026, including foundation models, simulation tools, and hardware. It wants to be the default platform for robotics.
Wall Street also is hardly backing away from Nvidia, with 76 of the 82 analysts who cover the company holding buy ratings and only one recommending selling. The average Wall Street price target implies a gain of 37% over the next 12 months, which would push its market value over $6 trillion.